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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Agree ! Move on from here on . back to good value postings

craanecrane : CUU can't afford to continue taking their sweet time, Teck can shelve QB2 if the economics of Schaft creek make sense (which I think they will). Management knows Teck needs the final numbers and they don't have another year IMO. Otherwise QB2 moves forward and CUU is shelved. Don't think Teck is going gung-ho on both, too expensive.

If and I say IF Teck were to shelve Schaft that would be good for us. Can you imagine what could happen if Cuu could sell Schaft Creek to the highest bidder. Tck will either take 25% and we sell 75%, Tck takes 40% we sell 60% or Teck takes 75% and the clock ticks while they build the mine and cover our costs(plus the 320m we get for the 75%). Tck will not shelve Schaft no matter what happens with QB2,

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